P2P Loans Runs in the SEC

Posted on October 16, 2008
Filed Under web 2.0 |

This is an interesting story at the intersection of regulatory oversight and technology enabled business models. Personally, I really like the P2P startups but I wonder about the potential for abuse in these networks and the backing company’s willingness to regulate the markets if the net effect is to reduce activity.

But this so-called peer-to-peer lending, which until recently seemed that it might offer a reliable source of money in this calamitous economic environment, is now experiencing a squeeze of its own.

[From Lending Alternative Hits Hurdle - NYTimes.com]

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